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Updated almost 10 years ago on . Most recent reply

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94
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Brandon Monaghan
  • Mount Pleasant, SC
9
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94
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Is it worth buying a duplex somewhere to live in and rent if I will be moving in a year?

Brandon Monaghan
  • Mount Pleasant, SC
Posted

I am going to be living in Denver starting in August.  I was wondering if is it worth buying a duplex somewhere to live in and rent out the other side if I will be moving in a year?  I would have to mortgage the duplex also.

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5,659
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Elizabeth Colegrove
  • Hanford, CA
1,832
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5,659
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Elizabeth Colegrove
  • Hanford, CA
Replied

my husband is active duty and we move a lot. I have written how having a transient life style can be amazing. We buyall houses even those we live in with the mind for future rentals. We have done very well as the interest rate and down payment are much lower! 

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